Remove Companies Remove Environment Remove Green Cars Remove Scrappage
article thumbnail

Scrappage scheme faces more criticism

Green Cars News

How much will the UK’s vehicle scrappage scheme help car buyers? The scheme, which sees motorists buying a new car rewarded with a £2,000 subsidy if they trade in a vehicle over 10 years old that they have owned for at least 12 months is made up of £1,000 from the Government and an equal amount from the manufacturer.

article thumbnail

Car depreciation set to burst scrappage scheme bubble

Green Cars News

Car buyers, set to take advantage of the UK’s £2,000 scrappage incentive, to be launched on Monday, could find that the benefit of the scheme wiped out in depreciation within just 88 days of purchasing a new vehicle. million motorists tempted to cash in on the scheme, these consumers are set to lose a total of £12.5

article thumbnail

Will you save money if you buy a green car? The Green Piece

Green Cars News

Drivers are increasingly letting their wallet rule their car buying decisions with more motorists than ever before opting for a green car over a conventional alternative. However, will green cars really save you money? The Green Piece. suggests that drivers should think twice before going green.

article thumbnail

Can the UK lead the green car charge? The Green Piece

Green Cars News

The UK has been an epicentre for drivers with a green conscience for many years. Last week, Nissan announced plans to make electric car batteries at its plant in Sunderland, creating 350 new jobs in the process (see ‘ Nissan to make electric car batteries at Sunderland plant ’). Now it seems that its efforts have been rewarded.

article thumbnail

Aixam Mega - Government failing on electric vehicles

Green Cars News

Axiam Mega believe that the government’s sole focus on distant new green technologies rather than technology currently available is a mistake, the French manufacturer even states that its products are being deliberately excluded in the current spate of electric car trials.